Podcasts about cpa firms

Strategic thinking, curiosity, and innovation can turn traditional marketing roles into firm leadership opportunities.Gear Up for Growth With Jean CaragherFor CPA TrendlinesIn a special episode of Gear Up For Growth, host Jean Caragher hands the mic to guest facilitator Sarah Dobek, president of Inovautus Consulting, to lead an inspiring conversation about career opportunities in accounting marketing.Joining the panel are four powerhouse leaders whose diverse journeys showcase just how far the profession has evolved:Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth here | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here Julie Tucek, Marketing Director at Legacy Professionals; Eric Majchrzak, CEO of BeachFleischman; Carrie Steffen, Co-founder and President of The Whetstone Group, Recently announced as the next CEO of the Iowa Society of CPAs; and Jamie Thomas, Principal, Growth and Marketing at BDO USA Together, they offer a behind-the-scenes look at how accounting marketing has transformed from simple communications and event planning to a strategic, growth-driving powerhouse within firms—and where it's heading next.

Show Summary: In this episode of Grow My Accounting Practice, we're joined by Edward Brooks to unpack “The 5 Reasons Stopping CPA Firms From Adding Millions in Revenue, Value, and Wealth.” Edward shines a light on why, even in a booming market, most CPA firms are leaving massive growth opportunities on the table. He challenges firm owners to take a hard look at the habits, assumptions, and blind spots that are holding them back from unlocking serious financial potential. Edward takes us deeper into why many CPA firms live with business risks they would never accept for their clients, and how this disconnect could be stalling progress. We explore the persistent talent shortage in the industry—not just why it exists, but what firms should be doing to address it. Plus, we tackle the elephant in the room: marketing. Why are so many firms still ignoring it, and what could change if they embraced it? Looking ahead to 2025, Edward outlines actionable strategies that any CPA firm can use to fuel massive growth in both revenue and value. Whether you're a solo practitioner or managing a growing team, this episode delivers bold insights and practical steps to help you seize the opportunities in front of you. Don't miss this powerful conversation that might just change how you run your practice.   LinkedIn:http://linkedin.com/in/edward-brooks/   Corporate Partner:Impact Global Solutions - lwhittam@csuiteimpact.com   Profit First App Version 2.0 is here!  More Education. More Functionality. More Profit!

Uncover growth hidden in plain sight.Gear Up for Growth With Jean CaragherFor CPA TrendlinesIn the latest Gear Up for Growth, host Jean Caragher, president of Capstone Marketing, sits down with Wade Clark, associate director-sales programs at Moss Adams and author of "Simplifying Complex Sales." Their conversation delivers two critical messages for CPAs and firm leaders: the necessity of consistent account development and the strategic use of the Four Catalysts to uncover new opportunities.  Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here “Account development is the Achilles' heel of many firms,” Clark says. “But by focusing on consistent outreach and meaningful dialogue with clients and prospects, CPAs can create natural momentum that leads to growth, even when market conditions change.” 

What happens when a trade war meets bureaucratic red tape? In this episode, Blake and David dive into the explosive impact of 145% tariffs on Chinese goods and what it means for American businesses' bottom lines. Through real-world examples—from small retailers to tech giants like Apple—they break down how these policies could devastate supply chains and force difficult decisions for companies caught in the crossfire.Meanwhile, the Department of Government Efficiency is shaking up the IRS, transforming a login button change from a 103-day project into a 71-minute fix. But that's not all: CPAs at private equity-owned firms are now being told to remove their credentials from email signatures and LinkedIn profiles. Tune in to understand how these seemingly separate issues reflect larger battles over professional identity, government efficiency, and America's economic future.SponsorsCloud Accountant Staffing - http://accountingpodcast.promo/casBluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters(01:40) - Weekly News Roundup (03:03) - IRS Updates and Controversies (03:59) - Private Equity and CPA Titles (05:08) - Government Efficiency and IRS Hackathon (18:46) - Tariffs and Trade Wars (27:57) - Impact of Tariffs on Businesses (46:33) - Economic Impact of Tariffs and Debt (47:26) - Trump Administration's Strategic Challenges (48:14) - Job Loss Projections Due to Tariffs (51:09) - China's Economic Transformation and Future (54:43) - Human Impact of US-China Trade Policies (58:48) - IRS Sharing Tax Information with Homeland Security (01:03:06) - Private Equity's Influence on CPA Firms (01:16:29) - Shopify's AI Hiring Policy (01:29:25) - Conclusion and Announcements  Show NotesDepartment of Government Efficiency – X posting on re-engineering a 103-day projecthttps://x.com/DOGE/status/1910067646827057152DOGE plans now reportedly include an IRS ‘hackathon'https://www.theverge.com/news/644327/musk-doge-irs-hackathon-taxpayer-data-transfer-cloudIRS Workers Get Final Chance to Take Deferred Resignation Offerhttps://www.cpapracticeadvisor.com/2025/04/07/irs-workers-get-final-chance-to-take-deferred-resignation-offer/158668/Appeals Court Clears Path for Trump to Resume Firing ...https://www.nytimes.com/2025/04/09/us/politics/trump-federal-workers-firing.htmlElon Musk Secretly Working to Rewrite the Social Security Codebase Using AIhttps://futurism.com/elon-musk-rewriting-social-security-code-aiPentagon hits Accenture, Booz Allen and Deloitte with contract cancellationshttps://www.nextgov.com/acquisition/2025/04/pentagon-hits-accenture-booz-allen-and-deloitte-contract-cancellations/404525/?oref=ng-homepage-riverHere's the iPhone. Here's the iPhone With Tariffs.https://www.wsj.com/tech/personal-tech/iphone-apple-tariffs-china-bb20c7a3Between tariffs and survival, American business owners are doing alarming mathhttps://www.npr.org/2025/04/07/nx-s1-5352833/trump-tariffs-china-manufacturing-businessesAt Home Group, Stung by Trade War, Explores Bankruptcyhttps://www.wsj.com/articles/at-home-group-stung-by-trade-war-explores-bankruptcy-853b9a83How Much Revenue Can Tariffs Really Raise for the Federal Government?https://taxfoundation.org/research/all/federal/universal-tariff-revenue-estimates/IRS agrees to share tax information of undocumented immigrants with Icehttps://www.theguardian.com/us-news/2025/apr/08/irs-ice-tax-dataActing IRS commissioner resigning after agency reaches data-sharing deal with immigration authoritieshttps://www.cnn.com/2025/04/08/politics/melanie-krause-acting-irs-commissioner-resigning/index.htmlAccounting firm that sold out to private equity is now requiring CPAs that work for them to stop using "CPA" on their personal LinkedIn and in email signatureshttps://www.reddit.com/r/Accounting/comments/1jx2338/accounting_firm_that_sold_out_to_private_equity/?rdt=47047Shopify CEO: No new hires, unless you prove AI can't do the jobhttps://thehill.com/policy/technology/5239841-shopify-ceo-ai-first-hiringKPMG's new AI bot has cut interview scheduling time by almost 60% and saved more than 1,000 hours for the talent acquisition teamhttps://finance.yahoo.com/news/kpmg-ai-bot-cut-interview-121831887.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website -

Hall of Fame leaders share the lessons, mistakes, and trends shaping the future of firm growth.Gear Up For GrowthWith Jean CaragherFor CPA TrendlinesIn a special episode of Gear Up for Growth, four Hall of Fame members from the Association for Accounting Marketing (AAM) reunite to reflect on how accounting marketing evolves—and to deliver advice for today's growth leaders.Host Jean Caragher, president of Capstone Marketing, is joined by Brian Falony, retired accounting marketing executive; Allan Koltin, CEO of Koltin Consulting Group and facilitator; Mitchell Reno, principal and director of client experience at Rehmann; and Michelle River, CEO of Fore, LLC.  Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here Together, they look back at how the profession has transformed over 35 years—and look ahead to what firms must do to survive and thrive in a radically different marketplace.The conversation opens with reflections on the early days of accounting marketing, when firm growth largely depended on partner relationships and marketing was often misunderstood. Falony recalls launching marketing strategies before the internet even existed, while Caragher shares her early efforts to win buy-in from skeptical partners who viewed marketing with suspicion.

Doing great work is no longer enough to ensure client retention.Sponsored by "TurboCharge Your Profits: How to Thrive in the New Economy," by Frank Stitely, CPA, CVA  – See Today's Special OfferWith Jean CaragherFor CPA TrendlinesIn a rapidly shifting business landscape, professional services firms face increasing pressure to develop new business while maintaining client loyalty. In a recent Gear Up for Growth episode hosted by Jean Caragher of Capstone Marketing, guest Matt Dixon shares insights from his forthcoming book, "Activator Advantage: What Today's Rainmakers Do Differently." Dixon, a founding partner of DCM Insights and a renowned sales researcher, detailed how top-performing professionals distinguish themselves through proactive engagement and strategic relationship-building. Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here Dixon's research, based on a study of nearly 3,000 partners in professional services firms—including accountants, lawyers, and consultants—identifies five distinct business development profiles: The Expert – Reluctant sellers who rely on their thought leadership and expertise to attract clients. The Confidant – Traditional trusted advisors who build deep, personal client relationships and expect loyalty in return. The Debater – Provocative and challenging, they push clients to rethink their approach but often struggle in long-term advisory roles. The Realist – Pragmatic and transparent- focuses on managing client expectations but risks being perceived as too negative. The Activator – Proactive and well-connected, they anticipate client needs and introduce strategic insights before clients even realize they have a problem.

Utilize new tech to level up thought leadership and advisory services. Gear Up for Growth With Jean CaragherFor CPA TrendlinesThe latest episode of Gear Up for Growth, hosted by Jean Caragher of Capstone Marketing and powered by CPA Trendlines, featured an insightful discussion with Becky Livingston, founder and CEO of Penheel Marketing, on the role of artificial intelligence (AI) in CPA firm marketing. The conversation centered around two key takeaways: AI's ability to enhance thought leadership efforts and its role in shifting CPAs toward more strategic client advisory services. Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here Marketing research shows that high-growth CPA firms prioritize thought leadership through blogging, white papers, and public speaking. AI tools such as ChatGPT, Perplexity, and Jasper are revolutionizing this space by enabling firms to generate high-quality content efficiently. These tools allow CPAs to personalize content for niche audiences, optimize SEO strategies beyond traditional search engines, and streamline content creation to maintain a consistent and authoritative online presence.

Patrick Camuso is a CPA and the Founder of Camuso CPA, an industry-leading firm working closely with cryptocurrency investors and web3 businesses that was among the first CPA firms to specialize in crypto taxes back in 2016. As a pioneer in the field, Camuso CPA was also the first firm to accept cryptocurrency as payment, setting a forward-thinking example in the accounting profession. Patrick is the host of The Financial Frontier podcast, where he explores the latest trends in crypto, tax, and finance. He also runs the Digital Asset Digest, a newsletter delivering insights on blockchain, digital assets, and tax compliance. Patrick is also the author of Navigating the NFT Sales Tax Maze, Wayfair 2.0 for Web 3.0, an essential resource for navigating sales tax in the digital asset space In addition to his publications, Patrick frequently produces content across his channels and teaches CPE events, courses, and training sessions alongside other industry professionals. Patrick Camuso, CPACamuso CPACamusoCPA.comPatrick.camuso@camusocpa.com Office: 704-249-3179

Patrick Camuso is a CPA and the Founder of Camuso CPA, an industry-leading firm working closely with cryptocurrency investors and web3 businesses that was among the first CPA firms to specialize in crypto taxes back in 2016. As a pioneer in the field, Camuso CPA was also the first firm to accept cryptocurrency as payment, setting a forward-thinking example in the accounting profession. Patrick is the host of The Financial Frontier podcast, where he explores the latest trends in crypto, tax, and finance. He also runs the Digital Asset Digest, a newsletter delivering insights on blockchain, digital assets, and tax compliance. Patrick is also the author of Navigating the NFT Sales Tax Maze, Wayfair 2.0 for Web 3.0, an essential resource for navigating sales tax in the digital asset space In addition to his publications, Patrick frequently produces content across his channels and teaches CPE events, courses, and training sessions alongside other industry professionals. Patrick Camuso, CPACamuso CPACamusoCPA.comPatrick.camuso@camusocpa.com Office: 704-249-3179

Leaders must empower others, share leadership, and foster an inclusive culture to ensure long-term success.Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesIn a rapidly evolving profession where mergers, acquisitions, and private equity investments dominate headlines, many CPA firms face a critical choice: sell, merge, or remain independent. For firms determined to chart their own course, leadership is the key to survival and success.Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts hereSarah Elliott, co-founder and principal of Intend2Lead LLC, joins Jean Caragher on the "Gear Up for Growth" podcast to discuss how conscious leadership can help CPA firms maintain independence, foster innovation, and develop future leaders. Her insights underscore a fundamental shift in leadership—one that requires vision, empowerment, and adaptability.According to Elliott, firms that want to remain independent need to cultivate three critical leadership qualities.

Focus on your clients...or someone else will.Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesBill Sheridan, chief communications officer at the Maryland Association of CPAs, believes CPA firms must embrace change to stay competitive. As technology automates compliance work, firms that focus on client advisory services will be the ones that thrive. “Our clients' expectations are changing, and they are looking for more than just traditional compliance services,” Sheridan says. “The firms that recognize this shift and focus on client advisory services will be the ones that thrive.”Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts hereSheridan emphasizes that while automation is transforming the accounting industry, it is not eliminating the need for CPAs. Instead, it is creating opportunities for professionals to enhance their roles.“Technology isn't the biggest threat to CPA firms,” Sheridan explains. “The real danger is failing to prioritize client relationships.” He drew a powerful comparison to the retail industry: “Amazon didn't kill retail—bad customer service did. The same applies to CPAs. If we stop being client-focused, we'll become irrelevant.”

Failure to address corporate climate can critically impact talent recruitment and retention.With Jean CaragherFor CPA TrendlinesAmy Vetter, CEO of the B3 Method Institute, discusses how accounting firms can transform workplace culture, reduce stress, and empower leaders to create a thriving work environment on the latest Gear Up for Growth episode.“A thriving workplace culture starts with strong leadership, clear communication, and a commitment to values,” Vetter says. “When leaders empower employees and lead with transparency, firms can create an environment where people feel supported and engaged.”  Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts here Vetter highlights the importance of setting boundaries to reduce stress. "We carry belief systems from when we started our careers—like feeling guilty for leaving the office at a reasonable hour,” Vetter explains, “but no one is actually judging you for setting healthy boundaries. Communicating expectations and structuring your day can help reduce unnecessary stress." 

Full commitment is critical in niche accounting.Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesIn the world of accounting, niche specialization is often a deliberate strategy. For Tim Allen, CPA, however, his journey into winery finance was more serendipitous than strategic. With over 30 years of experience—including time at a Big 4 firm, leadership roles at multiple wineries, and now managing a successful boutique firm exclusively dedicated to the wine industry—Allen has carved out a unique space for himself and his team.Gear Up for Growth spotlights the best strategies for smart and efficient growth in today's competitive landscape. More Gear Up for Growth every Friday here | More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts hereAllen's accounting came unexpectedly during his tenure at Deloitte's San Francisco office. While his colleagues gravitated toward high-profile clients, Tim found himself drawn to wineries—clients that others overlooked. The opportunity allowed him to work closer to his family in Santa Rosa while developing a deep understanding of the industry's financial intricacies.

Peter Golotko has dedicated his career to helping people achieve financial independence, helping businesses and business owners reach and exceed their goals, and helping charitable institutions protect and make the best possible use of their resources. With over 25 years of experience in investing, financial planning, accounting, and taxation, he brings a wealth of knowledge and experience to the financial planning process. Peter is the majority owner of CPS Investment Advisors, and also serves as the firm's Chief Compliance Officer. Peter is a frequent speaker on topics like financial planning, investing, retirement planning, SEC compliance, and technology. Listen to this insightful RIA episode with Peter Golotko about the journey of CPS Investment Advisors. Here is what to expect on this week's show: - How CPS Investment Advisors specializes in building customized portfolios using individual stocks instead of mutual funds. - Why a client-first approach ensures win-win situations for clients and the firm. - Why the firm emphasizes wealth-building strategies like dividend reinvestment and holding quality stocks. - Why CPS strives to be involved in their client's lives, even assisting with non-financial matters. - How integrating tax planning helps minimize client's largest expenses. Connect with Peter: Links Mentioned: CPS Investment Advisors Instagram Facebook LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

Firms that price for time rather than value are holding themselves back. Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesFor decades, accountants have relied on billable hours, tracking time spent on client work and invoicing accordingly. However, according to Michelle Golden-River, CEO of Fore LLC, this model is fundamentally flawed.“Accountants have taken their cost structure—allocating hours to clients and projects—and turned that into their revenue model,” she explains. “They're not supposed to be the same thing.”Gear Up for Growth spotlights the best strategies for smart and effficient growth in today's competitive landscape. More Gear Up for Growth every Friday here.|  More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts hereDespite the evident inefficiencies, many firms remain resistant to change. David Yeghiaian, chief strategy officer for KerberRose, noted that the biggest hurdle is uncertainty: “They're just not used to it. There's a fear of getting the pricing wrong—what if I estimate too low? What happens if a client expects more than I anticipated?”Golden-River counters this fear with a broader perspective: “The biggest hurdles aren't just about pricing. We need a broader business model change to support a revenue model change.” This podcast was originally published on 10/24/2024

If you want to ensure accurate tax reporting, you need to start with good bookkeeping. Accounting Solutions Ltd (773-267-7500) can help your Chicago small business in this regard through the expertise of its team of CPAs. Learn more at https://accountingsolutionsltd.com/ Accounting Solutions Ltd City: Chicago Address: 3227 West Bryn Mawr Avenue Website: https://accountingsolutionsltd.com/

In this episode of The Accountant's Flight Plan Podcast, Brannon sat down with Giles, founder of Accountests and a seasoned accounting professional with 25 years of experience in public accounting and 18 years as a partner in a firm. Giles founded Accountests after years of frustration with the unpredictability of hiring in the accounting profession; hiring seemingly qualified candidates to later realize that they were not the right fit. Accountests is a structured testing approach to help CPA firms make better hiring decisions. His firm provides assessments that measure both technical and soft skills, ensuring that candidates—from college graduates to senior managers—are the right fit before they are brought on board.With the ongoing talent shortage in accounting, firms can no longer afford to rely on outdated hiring methods. The reality is that the pipeline of qualified professionals is not getting any stronger. As firms explore technology, automation, and offshoring to fill the gaps, the hiring process itself remains a critical piece of the puzzle. Giles explains how firms can leverage testing to gain a first-mover advantage—allowing them to receive a resume, assess a candidate, and confidently make a hiring decision in a matter of days rather than weeks. Without a defined process, many firms fall into the trap of hiring reactively rather than proactively.One of the key takeaways from this discussion is the role of testing in evaluating both hard and soft skills. While firms often worry that assessments might scare candidates away, the reality is quite the opposite—strong candidates appreciate a structured and transparent process. Some firms use testing after an offer to determine training needs, but Giles suggests integrating it earlier in the process to make more informed decisions from the start. A well-explained assessment process helps candidates understand their own strengths and how they align with the role.To wrap up, Giles shares some of his favorite business books, including Shoe Dog (https://amazon.com/Shoe-Dog-Memoir-Creator-Nike-ebook/dp/B0176M1A44 )and works by Richard Branson (https://www.amazon.com/stores/author/B000APPS34), as sources of motivation for growing a business. For those looking to refine their hiring strategy and develop stronger teams, his firm, Accountests, provides a data-driven approach to making smarter, more confident hiring decisions. Connect with Giles on LinkedIn (https://www.linkedin.com/in/giles-pearson-fca-8a175843/?originalSubdomain=nz ) or visit https://www.accountests.com/ to learn more.Time Stamps: 00:50 - Introduction of Giles and what led him to the development of Accountests. 4:50 - The current state of the staffing shortage and the impact it will continue to have on smaller firms7:02 - Is the adage “Hire slow fire fast” still true in today's market?11:40 - Using testing to asses both hard and soft skills to expedite and simplify the hiring process20:14 - Testing for leadership capabilities and career growth within your organization

Why the CPA firm business model causes so much employee turnover

If you don't have a tax plan, you might be paying the IRS more than necessary. Find out how one CPA firm in Louisville is helping its clients reduce their taxes through a systematic business review that you can also implement. For more, visit https://associatesinaccountingcpa.com/ Associates in Accounting, CPA City: Louisville Address: 9405 Mill Brook Road Website: https://www.associatesinaccountingcpa.com

Noah Buxton, CEO of The Network Firm, returns to continue the conversation on the evolving world of digital assets. Blake and Noah examine how digital assets have expanded beyond cryptocurrencies to include tokenized real-world assets like real estate and commodities. Noah explains how blockchain technology could revolutionize asset trading and ownership verification and dives into "proof of reserves" reports, highlighting both the importance and current limitations of these reports in protecting investors. He also shares some insights into the growing opportunities for CPAs in the digital asset space, including how firms can develop expertise in blockchain attestation services.SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(01:12) - Exploring the Digital Assets Space (04:05) - Tokenization of Real-World Assets (06:39) - Benefits and Challenges of Tokenization (12:55) - Real-World Examples and Case Studies (19:26) - The Role of CPA Firms in Digital Assets (22:20) - Regulatory Landscape and Proof of Reserves (29:54) - Explaining Proof of Reserves (34:30) - Comparing Proof of Reserves and Traditional Audits (38:21) - The Importance of Proof of Reserves (44:30) - Regulatory Landscape and Proof of Reserves (49:16) - Opportunities for CPAs in Crypto Auditing (52:34) - Introducing Ledger Lens for CPAs (54:57) - Conclusion and Contact Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comhttps://earmark.app/Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Noah BuxtonLinkedIn: http://linkedin.com/in/noahbuxtonLearn more about The Network FirmWebsite: https://www.thenetworkfirm.com/about-usConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Welcome to the Boomer Briefing Podcast, where we help you solve a critical business issue in 20 minutes or less. On this episode of the Boomer Briefing Podcast, Sandra Wiley, Shareholder and President and Marc Staut, Shareholder and Chief Innovation and Technology Officer from Boomer Consulting discuss the 2024 macro trend of ideation and experimentation, emphasizing its importance across the five pillars of Boomer Consulting. They explore the roles of leadership, talent, process, and growth in fostering a culture of innovation within firms, and how technology can enhance these efforts. The conversation highlights the need for a supportive environment that encourages all employees to contribute ideas, the significance of a structured process for innovation, and the necessity of understanding client needs to drive growth. Looking ahead, they anticipate a future where innovation becomes a standard practice in firms, driven by emerging technologies and a commitment to continuous improvement. Sandra Wiley Social Media:  Twitter: @sandrawiley  LinkedIn: sandrawiley Marc Staut Social Media: Twitter: @CPATechGeek LinkedIn: mstaut Look out for new episodes every Tuesday, involving The Boomer Advantage 5 Pillars of a Successful Firm: leadership, process, technology, talent, and growth.  For more information about Boomer Consulting, visit boomer.com

In this episode of "The Growth Minded Accountant," hosts Lee Reams and Rebekah Barton explore how AI can transform small accounting practices, enabling them to operate like large EA and CPA firms without a big budget. Discover the power of delegating seven essential tasks to AI, your tireless assistant that delivers flawless, up-to-date work around the clock.Learn how AI can boost your earnings on a micro-budget by saving you time and automating client workflows. From real-time tax research to handling client inquiries, AI enhances efficiency and client satisfaction. Streamline client onboarding, create impressive tax strategies, and generate cash flow reports in minutes—all with AI.AI also transforms your marketing efforts and client meetings, allowing you to focus on growing your practice and delivering top-notch service. Embrace AI as your secret workforce and position your firm as a forward-thinking, responsive powerhouse. Ready to elevate your practice? Tune in to discover how AI can help you reclaim hours and enhance your bottom line.

Why has there been such an increase in private equity buyers acquiring accounting firms and what does this mean for the industry? In this episode of the Accountant's Flight Plan Podcast Brannon dives deeper into the subject and what it means for your firm with accounting practice intermediary, Laurens Ball and California market leader, Morry Brown. Laurens has been brokering deals on our team for five years now and Morry, a member of our sales team, has a background in outsourced CFO services and global investment banking with Goldman Sachs and Citigroup. In this episode, you will learn why private equity is here and how it could benefit the profession in the long run. Private equity has entered the accounting world primarily because they see the value that CPAs provide. With the staffing shortage in full swing, accounting and bookkeeping services are in high demand. This means that accountants have more pricing power than they realize. With the opportunity to raise prices and increase revenue, firm owners could increase topline revenue and cash flow creating more value in their firms.Buyers with private equity backing see this potential and want to capitalize on it. With the knowledge and experience to implement or streamline systems while consolidating multiple CPA firms, private equity buyers could optimize firms effectively. While this potential is exciting and comes with the opportunity for selling at progressively higher multiples, it is important for sellers to keep their vision top of mind. Whether selling to a private equity firm or not, finding the right fit buyer is key. Knowing what the buyer's vision is and how they hope to grow the firm after close is crucial to knowing whether or not the deal will be successful. Cluing into the non-monetary elements of an offer is vital to knowing whether or not it is the right one for you and your employees. Are you considering a private equity buyer or looking to learn more about how the current market increases your pricing power as a firm owner? Read our Private Equity Market Report to dive deeper into this topic and learn what questions you should ask when considering these types of deals: Private Equity M&A in the Accounting IndustryTime stamps:1:55 - Overview of where we are with Private Equity in the Accounting Industry3:36 - How do you know if a PE buyer is right for you?8:22 - Private equity's impact on pricing valuation10:50 - Will private equity increase top-line revenue?14:15 - Knowing the buyer's vision can indicate success31:59 - Market knowledge & the non-monetary elements of an offer35:00 - Wrap up and - book recommendations Brannon - To Be Loved - by Berry GordyMorry - Life - Keith RichardsLaurens - Shoe Dog - by Phil Knight 

Howdy, Ags! Today, we have Shannon Badger, a co-founder, and partner of Badger CPA! In this episode, Shannon shares how and why she started Badger CPA, how she handles her remote workforce, and so much more. We are excited to have Shannon on the show!   Outline of the Episode: [00:00] Intro [02:38] How Shannon Started Badger CPA [05:42] Love of Service [09:16] Passion for Your Work [12:35] Aggressive Giving Strategy to Remote Workforce  [14:31] Preparing for the Next Five to Ten years [20:06] BHAG [24:19] Lightning Round [29:42] Interview Takeaways   About Shannon Badger, CPA: Shannon is a CPA and RIA (Registered Investment Advisor) that specializes in tax and accounting strategy for her clients. She seeks to provide solutions that free up her client's time to grow their business and know that their accounting and finance functions are in excellent hands. About Badger CPA: We are a CPA Firm based in San Antonio, TX, with a team of smart, hardworking, and light-hearted accounting professionals who are passionate about helping fellow business owners succeed.   Resources: Website: https://badgercpa.com/ Facebook Group: https://www.facebook.com/badgercpa/ YouTube Channel: https://www.youtube.com/channel/UCxPB44yN_Wf9HCIZ8o5ld6A LinkedIn: https://www.linkedin.com/company/badger-&-badger-certified-public-accountants-llc/   Connect with Greg and Chris! Apple: http://bit.ly/AGH-Apple Spotify: http://bit.ly/AggieGH Stitcher: http://bit.ly/AGH-Stitch Podbean: http://bit.ly/AGH-PB YouTube: https://bit.ly/AGH-YouTube

Join Ryan Spohn, CFO of Sikich, and host Blake Oliver to explore how modern CPA firms are revolutionizing the industry by abandoning the traditional partnership model. Discover innovative strategies for attracting and retaining top talent, including Sikich's alternative practice structure and novel performance metrics. Learn how firms shift from "total hours worked" to holistic evaluations of effectiveness, client satisfaction, and quality. We'll also discuss service diversification, internal mobility, and technology investments. Plus, get insights on Sikich's recent $250M Bain Capital investment. Don't miss this opportunity to understand the future of accounting firms!(Originally recorded on September 26, 2024, on Earmark Webinars+)SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(00:39) - Meet Ryan Spohn, CFO of Sikich (01:46) - Sikich's Alternative Practice Structure (02:58) - Private Equity Investment from Bain Capital (03:57) - Strategies for Attracting and Retaining Top Talent (08:46) - Employee Wellness and Work-Life Integration (11:18) - Innovative Billing and Client Engagement (21:20) - Modernizing ERP and Technology Stack (27:08) - Ryan Non-Traditional Background (29:28) - The Importance of Understanding the Work (30:39) - Expertise and Team Composition (31:02) - Transition to Public Accounting (32:34) - Equity and Compensation Challenges (34:00) - Innovative Equity Solutions at Sikich (37:17) - Reinvesting in the Firm (46:07) - Internal Mobility at Sikich (48:40) - The Future of Accounting with AI (54:41) - Conclusion and Final Thoughts Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Ryan SpohnLinkedIn: https://www.linkedin.com/in/ryan-spohn-9b21431/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Lisa Sretenovic, Visionating LLC, Mike Kintz, Wingman Payments, and Shawn Choi, Chastain Injury Law (Family Business Radio, Episode 58) This episode of Family Business Radio with host Anthony Chen features a series of insightful discussions with three distinguished guests, Lisa Sretenovic from Visionating, Mike Kintz of Wingman Payments, and Shawn Choi from Chastain Injury Law. Lisa […] The post Lisa Sretenovic, Visionating LLC, Mike Kintz, Wingman Payments, and Shawn Choi, Chastain Injury Law appeared first on Business RadioX ®.

Episode 229 FACULTY: Ashley Francis, CPA CLASS: #Shoperations In this episode, Scotty and Ashley Francis, CPA discuss her journey in becoming a CPA, building her niche practice focused on high-net-worth individuals, and exploring educational opportunities. Ashley shares her passion for accounting, spurred by early childhood experiences, and her growth from working in large accounting firms to running her own practice. She talks about her unique experience with trust and estate taxes, homeschooling her son, and the challenges and rewards of balancing a practice with educational endeavors. Ashley and Scott do NOT discuss: AI, Jason Staats, or Automation!

Topics include:  DC and profession update   SMB environment and the election scenarios analysis  Key technical updates  Client advisory services (CAS) strategies and practitioner insights     Speakers:   Michael Cerami, EVP, CPA.com  Lisa Simpson, VP, Firm Services, AICPA  Mark Peterson, EVP, Advocacy, AICPA  Gene Marks, President, The Marks Group  Kim Blascoe, Senior Director, CAS Professional Services, CPA.com  Rob Henderson, Partner-in-Charge, Advisory, Windes 

This week on the RTS podcast, Steven is joined by Matt Porter, a financial advisor who has been through 2 CPA practice acquisitions and is happy to share his experience. Matt very openly shares the challenges that acquiring a business can pose and what he's learned along the way. Steven and Matt discuss what should go into the evaluation of whether it makes more sense to find someone to partner with on taxes (like RTS) or to go all in on integrating taxes within a financial planning practice. Whatever route an advisor chooses what's critical is being intentional about being part of taxes being addressed for the clients they serve. https://zurl.co/9Wtu

Discover how to revolutionize your accounting practice by embracing change and focusing on client relationships in our conversation with Zach Gordon from RedFive Services. Learn how Zach transitioned from the traditional CPA firm landscape to the thrilling worlds of private equity and startups, ultimately crafting his own practice with a fresh approach. He shares his journey and vision, emphasizing a move away from billable hours to a more meaningful, value-billing model that prioritizes strong client connections. This episode promises valuable insights into how accountants can better serve business owners through adaptation and innovation.   We take you through the exciting opportunities and challenges presented by emerging industries like cannabis, crypto, and AI, where accountants must navigate complex tax regulations and stay ahead of industry developments. Zach offers practical advice on maintaining mental well-being while managing the demanding nature of public accounting, stressing the importance of effective planning and technology. As we look to the future, we explore trends in specialization and consolidation within the accounting field, and how these changes offer both opportunities and hurdles for service providers and clients.  Connect with Paul here: Website: https://innovativewealth.com/Instagram: https://businesslegacypodcast.com/ Connect with Zach here:      Website: https://www.redfiveservices.com/ Instagram: https://www.instagram.com/zachgordoncpa/ 00:00:00 - Introduction and Welcome to the Business Legacy Podcast 00:00:37 - Zach Gordon's Journey from CPA Firms to Private Equity and Startups 00:04:49 - Transitioning to a Value-Billing Model in Accounting 00:05:30 - Importance of Building Strong Client Relationships 00:10:10 - Exploring Opportunities in Emerging Industries: Cannabis, Crypto, and AI 00:14:00 - Challenges and Tax Regulations in Cannabis and Crypto 00:17:45 - Staying Informed and Building a Trusted Network 00:19:30 - The Impact of Specialization and Consolidation in Accounting 00:22:00 - Navigating the Future of Accounting with Private Equity Influence 00:24:30 - Conclusion and Zach Gordon's Vision for the Future of Accounting 00:26:15 - Closing Remarks and Where to Find More Information About Zach Gordon and RedFive Services Visit the website https://www.redfiveservices.com/ to find out more about what RedFive is doing. Legacy Podcast: For more information about the Legacy Podcast and its co-hosts, visit businesslegacypodcast.com. For more information: Visit businesslegacypodcast.com to access the shownotes and additional resources on the episode. Leave a Review: If you enjoyed the episode, leave a review and rating on your preferred podcast platform.

Associates in Accounting, CPA (502-451-8678) offers end-of-life financial advisory services, helping clients in Louisville with asset transfer and business succession planning. Learn more at https://associatesinaccountingcpa.com/ Associates in Accounting, CPA City: Louisville Address: 9405 Mill Brook Road Website: https://www.associatesinaccountingcpa.com

Blake and David discuss a controversial TurboTax ad campaign encouraging people to "break up" with their tax professionals, analyze survey data on AI adoption in accounting firms, and critically examine proposed changes to CPA licensure requirements. They also explore NASBA's influence on the profession end debate the merits of automatic mobility for CPAs across states.SponsorsOnPay - http://accountingpodcast.promo/onpayIgnition - http://accountingpodcast.promo/ignitionWorkflowCon - http://accountingpodcast.promo/workflowconinterVal - http://accountingpodcast.promo/intervalChapters(01:32) - Intuit's Controversial NFL Commercial (03:52) - TurboTax's Pricing Strategy (06:32) - Intuit's Market Strategy and Tax Pro Reactions (12:55) - IRS Audit Rates and Challenges (20:25) - EY India Tragedy and Work Culture (27:18) - AI in Accounting: Adoption and Applications (34:02) - Introduction to Perplexity (37:09) - Empowering Your Team with AI (39:11) - Challenges in CPA Firms (42:30) - WorkflowCon 2024 Announcement (44:15) - Changes to CPA Licensure (49:06) - Critique of NASBA and AICPA (57:02) - The Future of CPA Mobility (01:10:44) - Conclusion and Call to Action  Show NotesTurboTax 2024 Beat Your Price Commercial "Tax Break-Up" (Official TV Ad :30)https://www.youtube.com/watch?v=GW7rfwO6_is Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2025 Guidancehttps://investors.intuit.com/news-events/press-releases/detail/1215/intuit-hosts-investor-day-reaffirms-first-quarter-and-fiscal-2025-guidance The State of AI in Accounting Report 2024https://karbonhq.com/resources/state-of-ai-accounting-report-2024/ AICPA, NASBA propose a new pathway to CPA licensurehttps://www.journalofaccountancy.com/news/2024/sep/cpa-competency-based-licensure-pathway.html AICPA and NASBA Propose Changes to the Uniform Accountancy Acthttps://www.masscpas.org/news/f339a29a-f278-4bc3-bf30-b1e10d198ca2:aicpa-and-nasba-propose-changes-to-the-uniform-accountancy-act The Hazards of Redefining Mobilityhttps://nasba.org/blog/2024/09/19/the-hazards-of-redefining-mobility/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsForwardly - https://www.forwardly.com/Client Hub - https://clienthub.app/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Get on my EMAIL list to find out about my special offer.https://geraldinecarter.com/subscribeHave you ever felt frustrated or discouraged when you imagined your firm being a certain way but couldn't make it your reality?Belita Blasingame knew she was up to the challenge of reshaping a firm she had purchased into the one she envisioned. …Link to full shownotes: https://www.businessstrategyforcpas.com/…If you feel trapped by your own accounting firm, I can help you stop the chaos and end the long hours without losing revenue or hiring. Join 5000+ other CPAs who get my single-tip daily emails..Subscribe here: geraldinecarter.com/subscribe.Readers say they love it because they're short and on point.…Want more client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…Three ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenueTHE VIDEO COURSE – $497geraldinecarter.com/videoAccess 30+ video lessons, bonus training, template letters, website teardowns, and more. Plus, get a $1000 credit toward my DT40H Mastermind and a money-back guarantee.… Get on my EMAIL list to find out about my special offer.https://geraldinecarter.com/subscribe

Join Blake Oliver as he interviews Kyle Walters, CPA firm partner and wealth manager at Atlas Wealth Advisors. Despite not being a CPA himself, Kyle brings a fresh perspective to the accounting world. We'll explore:- The benefits of integrating wealth management and accounting services- How non-traditional backgrounds can lead to innovative approaches- Candid insights into client feedback that CPAs rarely hear- Strategies for delivering the integrated advice clients truly want(Originally recorded on August 1, 2024, on Earmark Webinars+)SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(01:05) - Kyle's Journey into Wealth Management and CPA Integration (02:46) - Building a CPA Firm from Scratch (05:05) - Client-Centric Approach and the Red Chair Concept (06:28) - Differences Between Wealth Management and Traditional CPA Firms (10:15) - Challenges and Benefits of Integrated Services (15:11) - Improving Client Relationships and Communication (30:16) - Scheduling Work to Improve Efficiency (35:48) - Client Communication Challenges & Strategies (38:21) - Logistical Issues and Solutions (41:28) - The Role of CPAs and Financial Advisors (47:40) - Integrated Financial Advice (50:49) - Client Engagement and Meeting Schedules (53:46) - The Future of Accounting and Financial Advice (55:41) - Getting Started in Wealth Management (01:00:33) - The Impact of AI on Tax Preparation (01:01:45) - Conclusion and Upcoming Events Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Kyle WaltersLinkedIn: https://www.linkedin.com/in/kyledwaltersConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Ryan Bakke has built Tax Strategy 365 very quickly and his profit margins are 20-30% better than most similar tax firms. This also makes it difficult to place a value on and tough to tempt him to want to sell. We dive deep into the marketing tactics and funnel he uses to grow quickly and where his firm is headed before he tries to sell. Ryan Bakke on X: https://twitter.com/LearnLikeaCPATax Strategy 365 website: https://taxstrategy365.com/Patrick Dichter on X: https://twitter.com/patrickdichterClint Fiore on X: https://twitter.com/ClintFiore

Is tracking your hours decreasing your productivity and profitability? According to Geraldine Carter, the answer is most likely yes. In their conversation, Brannon and Geraldine break down how the hourly billing model takes you away from providing real value to your clients. Conversely, getting your hours down and doing away with the hourly billing model altogether could be the key to raising your bottom line. This podcast touched on:Hourly billing vs value pricing.The impact of private equity on the accounting industry.Why hiring won't solve the problem of overwork.By refocusing on the value you can provide to your clients rather than on the hours you are billing them for you can increase your revenue while simultaneously lowering your hours. The key to building the business you want and living the life you want lies in refocusing your firm so that you can make meaningful changes. Listen in to learn how you can gain capacity, think critically, and make moves to live a life with balance. Time Stamps: 0:38 - Introduction of Geraldine Carter1:44 - Private equity firms in the accounting space5:50 - Why are so many CPAs overworked and what is the solution?15:31 - How to price upfront without hourly billing.19:40 - Why hourly billing is a trap.35:38 - Geraldine's new book - Down to 40 Hours [https://geraldinecarter.com/book] 38:22 - Wrapping up  Getting in touch with Geraldine:Geraldine's Website: https://geraldinecarter.com/ LinkedIn: https://www.linkedin.com/in/geraldine-carter/ 

How can CPA firms maximize the use of generative artificial intelligence (AI) while mitigating its risks? CNA Insurance's Sarah Ference discusses concerns about data privacy, bias and the reliability of generative AI's content as well as steps firms can take to ensure that these tools are used in a responsible and beneficial manner. Resources:AI/Automation Knowledge Hub Generative AI and risks to CPA firmsCNA InsuranceThe information, examples and suggestions presented in this podcast have been developed from sources believed to be reliable, but they should not be construed as legal or other professional advice. CNA accepts no responsibility for the accuracy or completeness of this podcast and recommends the consultation with competent legal counsel and/or other professional advisors before applying this material in any particular factual situations. This material is for illustrative purposes and is not intended to constitute a contract. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA” is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the “CNA” trademark in connection with insurance underwriting and claims activities. Copyright © 2024 CNA. All rights reserved.

In this episode, Michael Reeder, owner of Reeder CPA Group, shares his journey of building a virtual CPA firm while living in Bulgaria. He discusses the importance of digital infrastructure, persistence in business, and proactive tax strategies. Michael also dives into his passion for sports and how he balances work, family, and personal interests while running a global business. 00:00 Introduction and Guest Welcome 00:45 Michael's Background and Journey 01:23 Life in Bulgaria and Transition to Maine 05:32 Building a Virtual CPA Firm 07:55 Challenges and Opportunities in the CPA Industry 12:30 Client Advisory Services and Strategic Tax Planning 17:40 Common Mistakes and Audit Triggers 25:08 Proactive Tax Strategies 25:58 The E-Myth and Business Fundamentals 27:01 Personal Transformation and Daily Habits 27:58 The Importance of Persistence 29:27 Advice for Aspiring Accountants 31:22 Chicago Sports Frustrations 35:34 Patriots and Ownership Dynamics 42:35 Basketball Talk: Celtics and NBA Insights 47:12 Podcast Wrap-Up and Final Thoughts EPISODE LINKS Michael's Instagram: @michaelireeder Michael's Website: www.reedercpagroup.comPODCAST LINKS

Are you facing a talent shortage? Offshoring may be the answer. Our guest Laurence Whittam of Impact Global Solutions discusses tapping into global talent pools to boost your firm's capabilities. From selecting the right offshoring model to building successful remote teams, Laurence shares practical advice for small firms. Discover various offshoring models, practical implementation steps, process efficiencies, strategies for driving client growth and more. Discover how to transform your business with the PCPS Outsourcing Toolkit for CPA Firms.  Connect with our guest Laurence Whittam via LinkedIn. This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments welcomed at podcast@aicpa-cima.com

Jason Malabute, an apartment syndicator and CPA, shares his journey into real estate investing and the challenges he faced in the accounting side of the business. He discusses the importance of finding the right partners and the difficulties in raising capital for syndication deals. Jason also highlights the benefits of investing in the Atlanta market, including population growth and diverse industries. He emphasizes the significance of quality accounting in real estate investing and the need for proper bookkeeping systems. Jason Malabute | Real Estate Background Malabute and Company, CPAs Based in: Los Angeles, CA Say hi to him at: LinkedIn Sponsors: Passive Investing Mastery Apartments.com Bam Capital

How do you strike out on your own as a solo or small firm CPA? Learn from Josie Parr's experience doing just that. Hear how her work as a tax strategist for entrepreneurs led to the development of the Profitable Lifestyle Summit [https://summit.profitablelifestylefirm.com/], a free virtual summit to empower entrepreneurs in the accounting world to build profitable firms that support their ideal lifestyle. PGA will be speaking at this virtual summit and you can attend this August 27th-29th. This Podcast Touched On:- The challenges and opportunities of working as a solo or small firm CPA. - Why burnout is one of the biggest challenges CPAs face.- Resources for entrepreneurs in the accounting industry.Taking the leap of faith to work for yourself can be a daunting task. However, it can also become one of the most rewarding challenges a professional can face. Through sharing her experience and cultivating a community with others, Josie demonstrates that it is possible to build a practice that feeds the lifestyle you want to build. Whether you are just beginning to consider that journey for yourself or are in the process of building your practice, this is a conversation you don't want to miss. Time Stamps:0:39 -  Introduction of Josie Parr, CPA and the Profitable Lifestyle Firm Summit 6:07 - Why burnout is one of the biggest challenges and opportunities in the accounting industry. 12:28 - Josie's experience branching out on her own after working in a top 100 firm.15:40 - Book recommendations: - Leading from the Front by Courtney Lynch and Angie Morgan [https://www.amazon.com/Leading-Front-No-Excuse-Leadership-Tactics/dp/0071465014] - Never Split the Difference by Chris Voss [https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805]Getting in Touch with Josie:

PT, is the creator of a large event, FinCon. Taking a mini-retirement as a business owner can be stressful, confusing, and scary. PT shares his experience of taking a step back from his business and how he slowly extracted himself while empowering his team. He discusses the challenges and transformations he went through during his mini-retirement, including finding new hobbies, spending more time with family, and healing emotionally and spiritually. PT also talks about the expansion of his business after his return, including acquiring another conference and taking over his family's CPA firm. He encourages entrepreneurs to prepare financially, trust their team, and be open to the possibility of a mini-retirement. PT Links: PT Money blog: https://ptmoney.com FinCon Expo: https://finconexpo.com TravelCon: https://travelcon.org CPA Firm: https://taylorassociatescpa.com Takeaways: Taking a step back from your business can be transformative and healing. Preparing financially and having a trusted team in place can make the process smoother. Mini-retirements can open up new opportunities and allow for massive business growth. Being open to new hobbies and experiences can lead to unexpected passions and connections. Entrepreneurs should consider the possibility of a mini-retirement and plan accordingly.

Eric Wulff is the CEO of Marcum Wealth, an RIA based out of Cleveland that oversees $2.5 billion in assets under management for approximately 2,700 households. Eric has uniquely developed Marcum Wealth into a multi-billion-dollar firm under the umbrella of a national accounting firm, largely by fostering mutually beneficial relationships with internal CPAs to secure referrals of their accounting clients to his financial planning business. This strategy has effectively integrated and leveraged the firm's existing services to expand its client base and enhance its financial planning division. Listen in as Eric shares his strategic approach to generating internal referrals at his firm, using a "give to get" philosophy with CPAs to ensure his advisors are top of mind for financial planning referrals, especially through exit planning services that help maintain CPA-client relationships beyond traditional business needs. He also explains how his firm standardizes financial planning across national offices through a centralized team, the effectiveness of presenting detailed financial plans to prospects before they commit, and his targeted acquisition strategy focusing on growth-minded mid-career advisors. For show notes and more visit: https://www.kitces.com/398 Headers: What Marcum Wealth Looks Like Today [6:35] Using A Team-Based Approach To Building Financial Plans [16:10] Linking Marcum Wealth's Planning Process To Its Asset Allocation Frameworks [28:44]  Converting Prospects Into Clients Through The Plan Delivery Process [33:06] How Marcum Wealth Generates Referrals From Its Attached CPA Firm [46:10] Dividing Advisory Teams By Geography And Client Segments [57:43] Marcum Wealth's Strategic Approach To Acquisitions [1:04:21] What Surprised Eric The Most Building An Advisory Business [1:15:40] The Low Point On Eric's Journey [1:17:34] What Eric Would Tell His Younger Self [1:22:58] Eric's Advice For Younger Advisors [1:24:15] What Success Means To Eric [1:27:25]

An experienced CPA, Lee has worked in the accounting profession for over 30 years advising clients in small businesses, estates, trusts as well as being an Advanced QuickBooks Certified ProAdvisor, QuickBooks Online Certified, and Bill.com guru. He has advanced expertise in working with businesses in the real estate, transportation, legal industry and professional services industry.Learn More: https://www.knollcpa.com/License#16945Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-business-structure

An experienced CPA, Lee has worked in the accounting profession for over 30 years advising clients in small businesses, estates, trusts as well as being an Advanced QuickBooks Certified ProAdvisor, QuickBooks Online Certified, and Bill.com guru. He has advanced expertise in working with businesses in the real estate, transportation, legal industry and professional services industry.Learn More: https://www.knollcpa.com/License#16945Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-business-structure

An experienced CPA, Lee has worked in the accounting profession for over 30 years advising clients in small businesses, estates, and trusts and being an Advanced QuickBooks Certified ProAdvisor, QuickBooks Online Certified, and Bill.com guru. He has advanced expertise in working with businesses in the real estate, transportation, legal industry, and professional services industries.Learn More: https://www.knollcpa.com/License#16945Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-simplifying-tax-and-accounting

An experienced CPA, Lee has worked in the accounting profession for over 30 years advising clients in small businesses, estates, and trusts and being an Advanced QuickBooks Certified ProAdvisor, QuickBooks Online Certified, and Bill.com guru. He has advanced expertise in working with businesses in the real estate, transportation, legal industry, and professional services industries.Learn More: https://www.knollcpa.com/License#16945Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-simplifying-tax-and-accounting

An experienced CPA, Lee has worked in the accounting profession for over 30 years advising clients in small businesses, estates, and trusts as well as being an Advanced QuickBooks Certified ProAdvisor, QuickBooks Online Certified, and Bill.com guru. He has advanced expertise in working with businesses in the real estate, transportation, legal industry, and professional services industries.Learn More: https://www.knollcpa.com/License#16945Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-bookkeeping-strategy

Are you considering selling in a few years and wondering where to focus? My guest, Todd Steinberg, President of Thrive Financial Group, discusses how client mix, profitability, location, and transition assistance impact sales multiples. …Hey CPA firm owner, glad you found the podcast. If you feel like you've become trapped by your own accounting firm, you're fed up PiTB clients who get you their stuff late, don't appreciate the value you provide, and complain to you when you don't turn it around on a dime, I can help you stop the chaos and end the long hours, without losing revenue. If you like the podcast, join 4200+ other CPAs who get Vitamin G, my daily dose of single-tip business strategy delivered straight to their inbox: Subscribe here: geraldinecarter.com/subscribeReaders say they love it because they're short and on point.…Check out my “greatest hits” episodes:Effortless Value #201Pricing for Improved Profitability #21112 Reasons to Niche #221Killer Niches for CPAs with Tom Wheelright #178Digital Products, Courses, and 90% Margins with The Real Estate CPA, Brandon Hall #179Get More from Technology with Joe Woodard #244Want to get your life back while protecting your revenue?Here are a few ways I help overworked CPAs:STOP WORKING WEEKENDSA free five-day email course to teach you how to get your hours down without giving up revenue. https://geraldinecarter.com/stop-working-weekendsGET LOTS OF ANSWERS FASTFor the solo CPA with a bunch of rapid-fire questions they want answers to, like:How high can I go on prices without sending my clients running?What do you think of my niche?How do I upsell my legacy clients?What's the script for talking to prospects about higher-level and Advisory services?What do I put in my tiered packages?Book a single strategy call with me, to get answers to questions like these and more. It's covered by my 100% satisfaction guarantee. If at the end of the call, you don't feel like it was worth it, just say the word and I‘ll refund your purchase in full. geraldinecarter.com/call$495DOWN TO 40 HOURS CPA MASTERMINDFor the overworked CPA at six figures of revenue who is ready to stop working weekends and wants to implement overdue changes but has trouble doing it alone:Get guidance on increasing prices without overdoing it or underdoing itDisengage problem clients at a pace you're comfortable withCreate packages while knowing how to navigate scope creepFocus on your client niche without feeling like you're jumping off a ledgeBe in a community of like-minded CPAs on a similar journey to share best practices, have a sounding board, and get accountabilityMake more progress faster and with greater confidence and ease. Guaranteed to get you down to 40 hours. geraldinecarter.com/$9500…Connect with Todd Steinberg:Website: www.thrivefinancialgrp.comLinkedIn: https://www.linkedin.com/in/todd-steinberg-b471437/

Welcome to the Jake & Gino Podcast, where we dive deep into the world of real estate investing, wealth building, and entrepreneurship. In this episode, hosts Jake Stenziano and Gino Barbaro, along with special guest Brandon Hall, CPA, explore the critical role of accounting in real estate investing. Chapters: 00:00 - Intro 01:14 - How Brandon Got Into Multifamily Banking? 02:44 - Why 9 Year Old Brandon Wanted to be A CPA? 04:30 - What Makes CPA's Bad Investors?! 08:09 - Why Has Brandon Been Able to Scale When Others Couldn't? 12:20 - Things People Could do To Avoid Getting Hit w/ Taxes This Year? 14:27 - Some Things Accountants Do Wrong According To A CPA 17:36 - Tips for What Syndicators Do Wrong When Syndicating a Deal In Regard To Taxes 22:36 - Gino and Brandon Talk about CTA - Corporate Transparency Act 25:41 - Best Practice W/ Cost Segregation According to A CPA 28:44 - What Seperated Brandon and Hall CPA from the Little Firms? 31:29 - Books Brandon has Read That Have Added Value To His Life 32:42 - Best Way To Get Ahold of Brandon Hall 33:42 - Gino Wraps It Up Key Highlights: Introduction to Real Estate Investing: Brandon Hall shares his journey from starting his CPA firm in 2016 by engaging with the real estate community on BiggerPockets, to managing a global team dedicated to helping real estate investors build sustainable wealth. The Importance of Specialized Accounting in Real Estate: Discover why real estate investors need accountants who understand the nuances of the industry, from syndications to private equity funds. Scaling a CPA Firm for Real Estate Investors: Brandon discusses the challenges and strategies of growing a CPA firm that caters exclusively to real estate investors, emphasizing the importance of team management and client service. Common Accounting Mistakes in Real Estate: Learn about the frequent errors made by accountants in real estate transactions and how to avoid them to ensure compliance and maximize tax benefits. Advice for Aspiring Real Estate Investors: The episode wraps up with essential tips for anyone looking to dive into real estate investing, including the significance of proper financial management and understanding tax implications. Whether you're a seasoned investor or just starting out, this episode is packed with valuable insights on leveraging accounting to enhance your real estate investment strategy. Join us as Brandon Hall, CPA, unveils the secrets to building generational wealth through smart accounting practices. Don't forget to subscribe for more insights on real estate investing, entrepreneurship, and achieving financial freedom. #RealEstateInvesting #Accounting #WealthBuilding #JakeAndGinoPodcast #BrandonHallCPA We're here to help create multifamily entrepreneurs... Here's how: Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)